Global Retirement Partners LLC Boosts Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Global Retirement Partners LLC raised its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 35.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 9,822 shares of the company’s stock after buying an additional 2,552 shares during the quarter. Global Retirement Partners LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $853,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. J.W. Cole Advisors Inc. lifted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 24.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 13,629 shares of the company’s stock valued at $1,184,000 after acquiring an additional 2,637 shares during the period. Principal Securities Inc. lifted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 41.6% in the fourth quarter. Principal Securities Inc. now owns 43,811 shares of the company’s stock valued at $3,807,000 after acquiring an additional 12,876 shares during the period. Montz Harcus Wealth Management LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at $272,000. Stonebridge Financial Group LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at $516,000. Finally, Focus Financial Network Inc. lifted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 269.9% in the fourth quarter. Focus Financial Network Inc. now owns 30,246 shares of the company’s stock valued at $2,628,000 after acquiring an additional 22,069 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 2.9 %

NYSEARCA:MDYG opened at $85.49 on Friday. The company has a market capitalization of $2.72 billion, a PE ratio of 21.87 and a beta of 1.11. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $79.12 and a 52-week high of $95.51. The stock has a fifty day simple moving average of $89.03 and a 200-day simple moving average of $88.51.

About SPDR S&P 400 Mid CapGrowth ETF

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum.